Home Business The price of eggs in mainland China has risen by more than 20% in half a month | Egg prices | Vegetables | Pork

The price of eggs in mainland China has risen by more than 20% in half a month | Egg prices | Vegetables | Pork

by news dir

[Epoch Times October 30, 2021](Epoch Times reporter Liu Yi comprehensive report) Recently, the price of eggs in mainland China has continued to rise, rising by more than 20% in half a month.Some people in the industry said that because of the decrease in laying hens, the price of eggs will continue to be high for a period of time.

According to a report by CCTV Finance on October 29, a staff member of a supermarket in Changde, Hunan said that the purchase price of eggs was still 4 yuan, 9 yuan and 8 cents (RMB, the same below) per catty (500 grams) in early October. 5 yuan and 5 cents.

In Taoyuan County, where layer breeding companies gather, the person in charge of a large layer breeding company said that the wholesale price of eggs has been raised several times in the past half month.

According to a report by Chinanews.com on the 29th, on the 28th, fresh eggs were priced at 6.3 yuan per catty at a vegetable market in Xicheng District, Beijing, and bulk eggs were priced at 5.98 yuan per catty in another supermarket in Xicheng District. A resident said: “A week ago, the price seemed to be 5.38 yuan per catty, and it went up by 60 cents in a short period of time.”

A vendor said: “The price of eggs has increased a lot in the past two days, and it hasn’t risen today.” “The purchase price of eggs has been high recently.”

Liu Mei, an analyst at Zhuochuang Information, said: “Egg prices continued to fall in September at the beginning of the month, with a minimum drop of 4.06 yuan per catty. Some low-price areas even fell below the 4 yuan mark. However, since October 10, the egg price Start the rising mode.” As of October 26, the average price of eggs in the main producing areas of the mainland rose to 5.13 yuan/jin, higher than the high point before the Mid-Autumn Festival, and the increase reached 26.35% in only half a month.

As for the reason for the increase in eggs, CCTV Finance quoted Mao Xian’an, director of a poultry breeding cooperative in Taoyuan County, Changde, Hunan, as saying that the cost of raw materials has increased sharply this year. In order to avoid risks, some farmers have not raised them.

Industry insider Yao Wei said: (Mainland China’s laying hens) currently have over 1 billion in production, which is about 200 million fewer than the same period last year. The large-scale cooling after October caused a drop in the overall laying rate of laying hens, and every drop of one point meant that 10 million laying hens were lost in a short period of time.

Yao Wei believes that the temperature has dropped sharply since October and the price of vegetables has risen sharply. Eggs are the most important substitute for vegetables. This has significantly increased the demand for eggs in the market, which is also one of the reasons for pushing up the price of eggs.

Regarding the future trend of the egg market, Liu Mei said, but the current inventory in each link is still low, and the price of related substitutes has not yet shown a downward trend. The demand for eggs is still strong, and the short-term egg price may not be easy to fall. It does not rule out that there is still a rising trend.

In addition to the increase in egg prices, vegetable prices have remained high since November. The price of vegetables in the supermarkets in Xicheng District in Beijing mentioned above has remained high. Catty, shallots and lentils are 8.98 yuan per catty.”

The price of pork has also risen recently. According to the “Agricultural Product Wholesale Price Index 200” of the Ministry of Agriculture and Rural Affairs of the Communist Party of China, since mid-October, the average pork price in the mainland agricultural product wholesale market has rebounded, from 17.53 yuan/kg on October 12th to 22.53 yuan/kg on October 29th. Kg, an increase of 28.52%.

Editor in charge: Lin Congwen

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